U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department's criminal division, were partners for years at a Washington law firm that represented a Who's Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.
Canada's moment in the sun as the fastest-growing economy in the G7 club of rich countries is set to end this year, when it will likely underperform the U. S. for the first time in seven years and struggle with a mounting household debt problem.
U.S. 30-year fixed-rate mortgage rates fell to 3.88 percent in the week ending Jan. 19, according to Freddie Mac.
Former football star and actor O.J. Simpson is facing foreclosure.
Bank of America (NYSE:BAC), the second-biggest U.S. bank by assets, is expected to post a modest profit gain in the fourth quarter as cost-cutting offsets declining revenue from trading, retail and mortgage divisions.
Housing and Urban Development Secretary Shaun Donovan on Wednesday said about one million borrowers are expected to benefit from principal reductions on their mortgages as part of a wide-ranging settlement with banks over dubious foreclosure practices.
U.S. mortgage applications increased 23.1 percent in the week ending Jan. 13, according to the Mortgage Bankers Association.
Applications for home mortgages surged more than 20 percent last week, fueled by a wave of refinancing demand as interest rates dropped, an industry group said on Wednesday.
O. J. Simpson, the former football star who gained notoriety during a 1995 murder trial, is facing foreclosure on his Florida home.
The National Federation of Independent Business is challenging President Barack Obama's controversial recess appointments to the National Labor Relations Board.
China's fledgling real estate investment fund market could see a surge of activity in 2012 as property developers launch their own vehicles in a desperate bid to bridge an estimated $111 billion financing gap in the year ahead.
Phil Angelides, formerly the chairman of a federal commission who led investigations into why the financial markets collapsed, is heading an investment group that hopes to do a good thing for America while turning a profit from the wreckage of the housing market.
A group that represents CEOs of major U.S. corporations, including Citigroup, defended the SEC's settlement with the financial giant that allowed the company to avoid admitting any liability or wrongdoing in a securities fraud case.
Italy's three-year debt costs fell below 5 percent but its first bond sale of the year failed to match the success of a Spanish auction the previous day, reflecting the heavy refinancing load Rome faces over the next three months.
Italy's three-year debt costs fell below 5 percent at the first bond auction of the year spurring hopes the troubled borrower would be able to make it through a refinancing hump in the first months of the year.
U.S. 30-year fixed-rate mortgage rates fell to a new record low of 3.89 percent in the week ending Jan. 12, according to Freddie Mac.
The number of U.S. homes that received a foreclosure filing fell to a four-year low in 2011 as a slowdown in processing hit the market, RealtyTrac said in a report on Thursday.
MetLife Inc. has purchased EnV, a 249-unit luxury rental tower in Chicago, the insurance company announced on Wednesday.
U.S. mortgage applications increased 4.5 percent on a seasonally adjusted basis in the week ending Jan. 6, according to the Mortgage Bankers Association (MBA).
Applications for U.S. home mortgages rose in the first week of the year as demand for both purchases and refinancing perked up, an industry group said on Wednesday.
MetLife will shut down its mortgage operations, the largest U.S. life insurer said on Tuesday, giving up on the unit three months after it said it would seek a buyer.
How do you disguise yourself when you're a bodybuilder boss, with your picture in every hotel of your far-flung company? Answer: A long-haired wig and contacts; guess your employees aren't paying that much attention to the boss's picture.